Massive Token Unlock: Ripple Releases One Billion XRP From Escrow

Ripple, the blockchain company behind the XRP, has released 1 billion XRP tokens from its escrow. The firm previously locked the coins in the escrow system to ensure the XRP ecosystem and market stability.
Ripple’s Monthly Unlock Of 1 Billion XRP Tokens
According to data from the on-chain analytics firm Whale Alert, Ripple Labs unlocked 1 billion XRP tokens on June 1, corresponding with its unlocking schedule. Whale Alert captured the three transactions that completed Ripple’s token